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Peebles Named Interim CEO Of QuadraMed

March 25, 2009 (FinancialWire) -- QuadraMed Corp. (NASDAQ: QDHC) (Current Market Cap: US$49.20 Mil.) that its board of directors has appointed director James E. Peebles to the role of interim president and CEO, effective immediately. Peebles replaces Keith B. Hagen, who is stepping down for personal reasons. Hagen will remain on the board until the company's 2009 Annual Stockholders Meeting, which is scheduled to be held June 4, 2009.

In 1987, Peebles co-founded Mids, developer of the Midas system supporting patient care and quality outcome management primarily for acute care facilities. Peebles also served as Mid's president and chief executive officer. The company is now part of the healthcare solutions division of affiliated computer services.

In 1980, Peebles co-founded Sunquest Information Systems, which provides software tools to support clinical laboratories as well as other ancillary healthcare functions, and led it through its formative years as it established itself as the premier laboratory information system vendor.

The company's board has begun a formal search for a permanent Chief Executive Officer.

Reston, Virginia-based QuadraMed provides IT solutions for healthcare professionals. The company has around 600 employees and serves clients at over 2,000 healthcare provider facilities.

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